AUDUSD Head and Shoulders Short Setup Short

British Pound/Japanese YenFXCM

Description

⋅ Mar 7, 2019 12:28 PM

H and S formed. Breakout of neckline was re-tested and was obeyed to become new resistance level. Bearish momentum picking up as we edge closer to the trendline. Blue line is entry, Red is Stop loss and Green is Take Profit. 2.5:1 Risk reward.